Irico Group New Energy Co (HKSE:00438) Construction In Progress : HK$1,388 Mil (As of Dec. 2023)

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What is Irico Group New Energy Co Construction In Progress?

Irico Group New Energy Co's quarterly construction in progress increased from Dec. 2022 (HK$659 Mil) to Jun. 2023 (HK$1,445 Mil) but then declined from Jun. 2023 (HK$1,445 Mil) to Dec. 2023 (HK$1,388 Mil).

Irico Group New Energy Co's annual construction in progress increased from Dec. 2021 (HK$650 Mil) to Dec. 2022 (HK$659 Mil) and increased from Dec. 2022 (HK$659 Mil) to Dec. 2023 (HK$1,388 Mil).

Irico Group New Energy Co Construction In Progress Historical Data

The historical data trend for Irico Group New Energy Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Irico Group New Energy Co Construction In Progress Chart

Irico Group New Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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881.04

435.92

649.79

658.88

1,388.48

Irico Group New Energy Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															649.79	902.49	658.88	1,445.43	1,388.48

Irico Group New Energy Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Irico Group New Energy Co (HKSE:00438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Irico Group New Energy Co Ltd (HKSE:00438) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Caihong Road, Qingdu District, Shaanxi Province, Xianyang, CHN, 712021

Website

http://www.irico.com.cn/en

Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. It operates through the following segments: Solar photovoltaic & module business segment, and Others. The majority of its revenue is derived from Solar Photovoltaic, which includes Solar photovoltaic glass, Solar photovoltaic modules, Solar photovoltaic power stations, and Quartz sand business. Its geographical segments are China (excluding Hong Kong), Hong Kong, and Other countries, of which the majority of its revenue comes from China.

Executives

Xian Yang Zhong Dian Cai Hong Ji Tuan Kong Gu You Xian Gong Si	2101 Beneficial owner
Zhong Dian Jin Tou Kong Gu You Xian Gong Si	2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Cai Hong Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Hua An Ji Jin Guan Li You Xian Gong Si	2501 Other
Hua An Ji Jin Xin Cheng Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
He Fei Xin Cheng Guo You Zi Chan Jing Ying You Xian Gong Si	2501 Other
Pactera Technologies Na, Inc	2201 Interest of corporation controlled by you

Irico Group New Energy Co (HKSE:00438) Headlines

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